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<br /> " ' ' TGtiETHER WITH all the Improvements now or hereafter ereated on the property,and all eaoements, appuROnance�, and EE
<br /> .� Ib�r�es naw or hsrsatter a put of the property. AU repkcements and addkbns ehaU abo be oov�ed by thb S�curky ineWm�nt.�., s
<br /> AI of the toropotng ta refer�ed to!n thla Seaurlt�r Instn,nsent aa the"Property."
<br /> . �dOFi6tQWF.Fi COVENANTB that BoRONrer Is lawhally setzed ot the esteto h9roby aonveyed and Aa8 the right to ptiAnt end�
<br /> canvoy the Propertq and that the Property is unenoumbered, except tor enoumbrencee of reoord. Bor►ower wartants and wul ,
<br /> : d�end penereiy tAe titie to the PrqpeAy apahst ali o4tma and demands, subjeat to nny encumbranaes of racord. ti:.
<br /> •• � • THI8 SECUkIIY INS7�UMENT aombines unCOrtn aov6nente lor oetbnal uae ond non�unHOrm covenenta wtih UnitoO�
<br /> var�tlono bq Jurlsdlottan to aonstituts a unNorm cccurity tnatrumcat aov�p real properiy. �
<br /> UNIFORM COVHNAMB. BoROwar Ynd Lender Covenent and a�ree ae folbr�s:
<br /> 1.Paycnent ot P�Iracipsl and Irete�eat; Prepayment ered Lete Chnrqee. eorrower aneu prompvy oey wnen
<br /> due t�ie prYroipal of end Interest ofl tbe debt evk�enoed by the Poote and eny propaqment and Inte aherges due under tF�e Nofe.
<br /> 2.Funds br Taxes artd Insurence.Subjeat to epplfc86ie IBw or to a wrlten waker by lender,Bor►ower shaq pey�
<br /> to lender on the day monthty paymenta are due under the Note,untn the Note b pald in NII,a sum("Funds")for. (a)yeary
<br /> .--::.;�j:, f�es and sasessments whtoh may attah prbrity over th(s Security Instrument as a �en on the Property; (b) yearly teasehotd '
<br /> "°aN„��� p�ment8 or ground rents on the PropeAy, a any; (a)yearry haiard or propeAy baurenae premfuma; (d)yearry flood �swance
<br /> �'''`�� pre�nWms,If any;(a)yeary mortgage tnsurance premiums,Ii any;and(�any sums payeble by BoROwer to Lendor In aaaordance =
<br /> wlh thQ prOvtsions of paregraph 8, In Iieu of the paqment of mortgape insurance premiuma. These (tems are caAed 'Escrow �
<br /> Itam�." Lander may,at eny ttrne,coltect end hold Funds in an amount not to excaed the maxlmum amount e lendei tor e --
<br /> ,• tederaAy reiated mortgage loan may requte tor Boaowers escrow axount under the Iederai Resi Eetate 3ettlement P�oceduros -
<br /> kt of 1974 a8 amended irom Ume W 3ime, 12 U.S.C.�26Qt et seq. ('RESPA"), untoss another Iaw that eppliea to the Fund8 —
<br /> stls a iesser amount, It so,Lender may, at any time,eoliact and hoid Funda in an emount not to excoed the tesser amowt. �,
<br /> 4,, tsnder may eatimato the amount of Funds due on the basis of cument data and nasonabl�esUmates o!e�endftures of luture _
<br /> • Esuow Items or othenniae in accordenca wRh applbabte IBw.
<br /> The Funds shali be held h ae�instRudon whose deposks are Insured by a tedazat epenoy.hstrumentalihr,or entRy (Inoludhp -"
<br /> ` Lender,U lendet is suoh an hst�uUon)or h eny Federat Home Loan 8ank. Lender BhaQ appy the Funds to pay the Eserow -
<br /> � I�ms.Lende►maY not aharpe Borrowe►(or hoidinp and appryinp the Funds,annua�y ena4yahfl the escrow account,or veritying -
<br /> . the Escrow It�na, uniesa Lender pays Borrower hterest on the Funds and appliCable Iaw parmfts Lerfder to meke suah a �:
<br /> .. � cherQe. However.lsnder may requte BoROwer to pay a one-ttrne ahary9 tor an hdependent reai esffite tax re�orting servbe F:°=
<br /> • , used by Lender In conneotfon wfth this ban, uniess applkabie faw provides othanvise. Unipss an egreement Is made or FF �
<br />_ • � appticabtg {aw requlms interest to be pald, Lender shall not be �aquked to pay Bortower any interest or eamtrtss on Me Funds. r_f
<br /> . � � Bortower an4 Lender may esree in wrkYip. hovrever, that htereet 8he11 be pa(d on tAe Funda. 4onde►shali qN9 to Bortower, °,"�
<br /> xEhmut aharpe, an annual accountinA at the Funda,showMg credits end debks to the Funds und the purpose tor whtah each t
<br />_, "�'� debit to thg Funds wrte made. The Fupda are pledged as addiqonai seovrily Por all suma secured by the:fOOUtUft,lnstrumenG "�"�
<br /> If the Funds heid by Lender exceed the amounts pertnkteei to be held by appli¢ebte law, Lender sh�ll aacount to Borrower `�-`
<br /><�, � �►� kr the e�a�sa Funds tn accordance wkh the requfrements ot epplicabb taw.It the amount of the Funds Aeld by Lender at any �i�_
<br /> ' tlne is not sufticient to pay the Escrow Ite�ns when due, Lender may so nottfy Borrower h writhg,end,in au0h case 8ortovrer �,;,�-;
<br /> _, s�eU pay to Lender the amaunt�ecessary to mske up ibs daHolanoy. Borcower shatl make up the defiefency h no moro then _ ..
<br /> � Mhre manthy paymerta,at Lsnders soie d�aetbn.
<br /> ' • �" Upon payment h tuli of alt sums seoured by thts 8ecuiRy Instrument,Lender she0 prompty refund to Bonower any Funds "-
<br /> -- ,-�i AdA by l.ertdrr. q,under QangrapD 21,�endor snau acqulre•or een the Progeaty,I.entl9r, prlor ro tne ace{u�samn or sate at tna
<br />_ ' PrOp�rty, BhaB apply any Funds held by Lendmr at ihe ttrne of apqubMon or sale as a credk agatnst tha sttms seoured by.f6is ,
<br /> SacuraY insuument v,.,:_
<br />_ . $. ¢IppllCet1011 Ot PayQ'leht�. UnleSS eppUoabb �sw provtdes otherwis0,all paycnents recehred.by,Lsnder uader �:�':_
<br /> ,�: ' , poaprephs 1 and 2 she11 be appUed: tiat.W any prepayment ahargea due under the Note;second,to a,TOUnte payaOla 4ndaz .
<br /> °-� .` ' + pe�roph x thtd,to hterest Qua;fourM,to princpai due;and les�to any M�te charges due under the•NOto. `
<br />--;.;;.:`.;.;.:.:� 4. Chtfq�s: Uee�. BorrOwet efl8�psy afl texes� assessments. oh+i►ees. mes and ImposiNons atUlbuteble to the -
<br />,�„,�.,. �:4: koperty whioh mey attain prtor@y over thia SecuNty lnstrumont, snd Ieasehotd paymanta or ground rents, M eny. Borrower sheli --.
<br />�� F,� pey these ob1l�aUona In the manner provided h paragrapA 2. or M not patd h that menner, Borrowar shep pay Mem on tYne
<br />-,�W_ .;.� . dleety to the person awed payment. 8onrower ahall prompty tumtsh to L�nder att notices ot emoums to be paid undor thts
<br /> �^ .�.. .,.. puapnph. If Bortower metces these payrt�ents dYooty. Borrower ahali Promptly tumish to Lender recetpta evidenolnp tAe
<br /> - •:�� i . �,. .
<br /> i'..;..�. � D�Yrt�ente.
<br />�__, .,��• 6orrower shell prompty dlscharpe eny 6en which has Prbrity over this SecurU�r Mstrument unhss BO�rowgr (e) agroes h
<br />;"'-"". .`` wrNnp to ths payrtMnt ot ths oblipatbn secwad by the Nen in a mumer acceptabi� fo l.snder; (b)oonteata in qood hiA tM
<br /> ---°_�-:�
<br />��-��,„�,n ` Mn by,or detenOs apahst entor�anent of tne Ilen in.Iepai Proceedhps whbh h the l.enders opNton oparate to Pre�t the
<br /> __-,�_..:-:,.•�; No�camm�t of Me den;or(o)EeCUros irom the holder of the Iien t1n agneement eatishctary to Lender aubordlnathp the B�n to __
<br /> —=- tlJe Sacuriqr InaGument.It Lender Oete�mhes tABt any pert of the PrOAeAY�subjeot to a Ifm whiah maY atlah P�ly aax thls -
<br /> �v;:��i'.�r� � S�ctsriq insWrtM�i.endK may givs Bortower a noiice ident�ying the iieo.Bvrrvwer shaiE setisi�r the ti�n or Wice one or mara ot
<br /> 'ti��� GB sott�ons set toRh above w�hh 1G daYS ot 1he pkhp ot notice.
<br />-;��_^�`jf`. ' ao
<br />- 8. Hat�rd or Property InSUrance. Bomower ahaU'keep the tmprovementa now e�d.stinp or hereaRer�ected on Ne ;
<br /> �'�. :.�-. PapeAy tnsurod agflbst bsa by flre� huards inobded•wkhh the term 'wdended Goveaa9e•and any othar ha�9rds. hettding ��;�
<br /> tL, I•��r�--• AOOEi8 0�flOQdh��fOt WhICb L9�Id6t fAQUteB hSUfe11C6. ThIS irI8Uf8f10B sha8 bs tnpiMnhed h the�mounts Md Por the periods -
<br /> —_�,�:� .A.• , _
<br /> = c Wt Lendsr requiros. The haurance eartier providbp the Insurance aAaU be chosen by Borrowar eubject to Lenders epprovat
<br /> -.--_•_:=_l:c_s._�:.ti�. w�tci�eRsp not bu umeeaonepy wRi��hetd. tt 8arrawer ta�s to rrahtatn caveraqa desermed abcve,tsadar may,st tendefs -
<br />- .,��--�"�•` optlan,obtah co�ape to proteat Lenders riphts h the Property in a�cordence wRh pua�eph 7.
<br />�� i-. � N Insunnc� polbtes and rer�ewzb she!be acaepffibb to Lend� and ahaM include a stondud etoRqpg�cl�use.I.end�t
<br /> .�": aktM have ths Npht to hoW the PoNai�s an0 renowuts: if Lsnder re4ut�s.Borrowe� ahatl OromPUY ONe to 4.�de�aM reeepts of
<br /> -��sa�• = pUd premlums artd renewai notfcos. In Ihe euen4 ot loss.Bomower shaN gNe prompi noNoe to the hsureno�carrier and t.e�eder.
<br /> ' ' . . lender may make proo!of bsa H rtot mnde prompty by Bvrrower.
<br /> - Unless Lende►end Botrower otFt�w}s6 eqreo in wt$iny,hsatant�e proceeds sAaU b0 opAlbd to testoradon or rapat of the
<br />_- • .. : Prop�ly damaped.If the�esioratton or repat b economk,�aly toaslbft end Lenders securflp IS not tessertad.M Me rostoradon or
<br />' ` npaer b not econombalry tessbb or L.enders securit�r wouW be lesssned,th0 htisurBnCe pro06eds shaq be tipplted to Me Sums . ___._
<br /> ;., .�i secured by th(s Securky lnstrumertt, wheMter or not then due.with eny e�xess paid to 8orrower. If Borrower abendons the _
<br /> � • Paoperyr. or does�ot answar wkhh 30 Eays a notlae(rom Lender that the lnsurance car�rr has oHered to settte a claim, then --_
<br />-_ �: lender may colleot the hsurance proceeds. Lender may use Ne pmceeQs to repat or restero the Prope�ty or ta pay sums tl-
<br />_ : �. �.�_
<br />_ ' _ ' � secuted by this Secu�r Inatrumenl.wl�etAer ar eot then dua T1ie 30�dsy pe�lod wiR beph wta�BP�s noUce is pken. .�--
<br /> tlntoss lender and 8ormwer otnenrise a�cee h veMi�g. anY ePPYcallon ot �roceeds �t� ptincipal shaN not mdend cr �
<br /> � � postpone the due date W Me rt�ontAt�r payma►ts ieterted to In parapreahs t artd 2 a ahanpe the emourrt ot the payme�►ta It ���
<br /> , �-;�. undet p8�apmph 21 th9 Pro �`�'
<br /> perly Is acquired by Lender. 6orrowers ApM to eny hsvrenee potleies end proceeds resuRhp Itom �,..
<br /> � .� dom�ge to the Proparty prior to the acqutskbn sh�11 pass to Lender to ths e�dent ot the sums by thts Secur�r tnstrument
<br /> -- "'��----� hmt�ditiel�pdor to th0 eCquhidos�. ��-
<br /> _ - -T_ 8. Ocaopsncy, Pr�servation� Ms[Menance an8 �otectton ot tRe Property; eorrow�r a t�oan «-=.
<br /> � Appliqfl0lf: LC�h01ds.Borrovrer sfieU ocaPY.estebtish,end use the Properly as Bortowera pnc�tpat resid9noe wBAin �:`.
<br />- � �Gy d�ya aRer the e�ceeution of thts Secur�r Instrument and shaU eonthue to occuDY Me Property es Borrowefs prhepal
<br />_ rostdence tor at least ono yeer after the dete ot axupena�r.untass Lender otherwlse aq�ees in writhp,whlcA ccnsen4 6�aD not
<br /> De unroasontbry wxhhotd,o�unlesa e�denuathg chwmatances s,dst wAbh are bayond Bortowers coatroL Borrower ahtU not �
<br /> � destror,dertwse or impat the Properly,aitow the Praperty to demriorate,or commk vraste on the Property.Borrower sha8 b�b
<br /> � ' � detau!U eny faAeiture actbn or proC88dhg, whethor CkD or crimhal,is begun Mat in Lend9r8 good taRh Judgment evaid rosuh
<br /> � ' , h torMture of the Property or otherwise materktty hipat the Ilen created by this SecurE�r Instrument or Lendere aecurity hterest
<br />� - „ .. Ft0t0.U�tf! (tA1) PtQo 4 ot 6 � • {�' '
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